Unique European style bakery

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33% ROI
Asking Price:
$1,100,000

Gross Revenue:
$955,662
Cash Flow:
$352,688
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$270,000
included in asking price

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Business Description

Semi-absentee business. Owners work a limited number of hours mostly dedicated to financial control and business development. 60% of revenue comes from wholesale clients, and the other 40% is from retail sales on-premises. Big growth potentials via new wholesale accounts acquisition. A very good foundation for franchising. 2 managers (not owners) manage back and front of the establishment. The delivery truck is included in the sale. The main company's asset is its established clients base, who already appreciate its unique recipes.

About the Business

Location:
Sunrise, Florida
Year Established:
1999
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
3,500
Rent:
$5,566.00 Per Month
Lease Expiration:
9/30/2024
Market Outlook/
Competition:
niche business. Product is very different from conventional stores.
Growth & Expansion:
Good for opening subsidiaries or franchising.
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About the Sale

Reason For Selling:
other interests
Training/Support:
the owner will train for two weeks
Seller Financing:
cash only

Listing Info

ID:
1684723
Ad Detail Views:
674

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$
months
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Business Listed by

Nikolay Safonov

Florida Buy and Sell
License# BK3266674

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